The Basel Committee has made it a goal to create a regulatory framework that is simple, comparable and risk sensitive for the measurement of insolvency risk and the determination of capital adequacy. To this end, our contribution in this paper is to propose a novel dynamic geometrical...

This article extends one of the primary models used for calculating the Social Cost of Carbon (SCC), DICE, to account for uncertainty regarding economic damages per additional warming degree and uncertainty over the temperature response from doubling atmospheric CO2. Coupled with consumption...

All conceivable solutions to the internal rate of return equation are shown to have meaning as well as use. Internal rates of return are the units in which value is measured and the quantities of such units. This result implies a single internal rate of return cannot be an investment criterion....

Using the Tsay (1988) outlier identification methodology on daily log-returns of 16 commodity spot price series and 25 commodity index series, this study assesses the impact significant and unexpected news announcements had on volatility between January 1, 1997 and December 31, 2007. Results...

Purpose - This study aims to provide preliminary information to the investor by determining which indices co-movement, with the data mining method. Design/methodology/approach - In this context, data sets containing daily opening and closing prices between 2001 and 2019 have been created for 11...

We build a Susceptible-Infected-Vaccinated Economic two-sector growth model to study the evolution of inequality in an economy with two groups of workers, who are differently exposed to a transmissible disease. We show that the economy can lead to various scenarios in the long run, which range...

Im folgenden Beitrag wird die Dynamik von Marktprozessen in der deutschen Automobilindustrie mit Hilfe von Regelkreismodellen und Zeitreihenanalysen sichtbar gemacht und quantifiziert. Dargestellt werden der Markträumungs-, der Renditenormalisierungs-, der Übermachterosions-, der...

This paper aims to study corruption as an epidemic phenomenon using the epidemic diffusion model of Kermack and Mc-Kendrick (1927). We seek to determine the dynamics of corruption and its impact on the composition of the population at a given time. We determine a threshold epidemiological...

The Sustainable Development Goals (SDGs) are a universal call to action to end poverty and protect the environment. The Government of Guatemala is prioritizing the SDGs it will focus on and defining lines of action to make progress towards achieving them. In this paper, we apply the Integrated...